The Gioi Di Dong

Although a number of foreign companies have made a foray into the local electronics retail market, there are still room for domestic firms to open and operate their own supermarkets, according to industry insiders.

VietNamNet Bridge – Although a number of foreign companies have made a foray into the local electronics retail market, there are still room for domestic firms to open and operate their own supermarkets, according to industry insiders.

Mobile phones that bear the erstwhile Nokia brand name are still among the bestselling devices in Vietnam in terms of sales volume, whereas Samsung handsets take the lead when it comes to sales value, according to local retailers.

Nguyen Duc Tai, chairman and CEO of Mobile World Investment Co (MWG), is reported to have received 387,700 shares in the company under its employee stock ownership plan (ESOP), worth around VND42.3 billion (US$2 million).

The Gioi Di Dong (Mobile World) Joint Stock Company and Viet Nam Posts and Telecommunication have entered into an agreement under which the former's stores will offer VNPT's Vinaphone services while the latter's outlets will sell Mobile World's phones and other products.

VietNamNet Bridge – Most of the members of the list of 40 under-40 richest millionaires in Vietnam have made their fortunes through inheritance. Some others built their assets themselves, starting business at an early age.

Thirteen businesses received the Vietnam HR Awards for best human resource practices given away by the Talentnet Corporation and Labour and Social Affairs newspaper at a ceremony in Ho Chi Minh City on December 10.

Thirteen businesses received the Vietnam HR Awards for best human resource practices given away by the Talentnet Corporation and Labour and Social Affairs newspaper at a ceremony in HCM City on Wednesday.

Not all customers were satisfied with the inaugural online shopping day expected to become the Vietnamese equivalent of Black Friday in the U.S., but businesses taking part in the biggest promotional event of the year reported healthy sales.